Indonesia’s J&T Express buys Chinese rival Best’s logistics business amid price war centred in manufacturing hub of Yiwu

indonesias jt express buys chinese rival bests logistics business amid price war centred in manufacturing hub of yiwu
Beixiazhu Village in Yiwu, Zhejiang province, was at the forefront of a brutal price war in delivery services this year. J&T Express, which initiated the price war, has announced an acquisition of its Chinese rival Best’s logistics operations for more than US$1 billion. Photo: Tracy Qu Beixiazhu Village in Yiwu, Zhejiang province, was at the forefront of a brutal price war in delivery services this year. J&T Express, which initiated the price war, has announced an acquisition of its Chinese rival Best’s logistics operations for more than US$1 billion. Photo: Tracy Qu

Beixiazhu Village in Yiwu, Zhejiang province, was at the forefront of a brutal price war in delivery services this year. J&T Express, which initiated the price war, has announced an acquisition of its Chinese rival Best’s logistics operations for more than US$1 billion. Photo: Tracy Qu

South China Morning Post

Related posts

Leave a Comment